Colorado Unemployment Rate Increases

The Colorado Unemployment rate increased slightly between June and July, according to a new report from Colorado Department of Labor. The unemployment rate grew .1% to 2.4 over that time period. The National unemployment rate decreased slightly between June and July, falling .1% to 4.3%. So far this year, the average work week in Colorado has increased .6 hours to 34.4 hours with average wages increasing by more than $1 to $27.72. To view the Department of Labor’s July employment report, click here.